Why 2017 Was a Year to Remember for eBay Inc.

Why 2017 Was a Year to Remember for eBay Inc.

Online auction pioneer eBay (NASDAQ: EBAY) is often overshadowed by Amazon.com’s (NASDAQ: AMZN) superior growth in the e-commerce market. Yet eBay, which spun off PayPal (NASDAQ: PYPL) in mid-2015, still rallied more than 20% this year and beat the S&P 500’s 16% gain.

Let’s take a closer look at how eBay outperformed the market this year and whether it can keep climbing next year.

Image source: Getty Images.

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Source: Fool.com